Financial And Trade Organisations PYQs — 15 UPSC CSE Previous Year Questions

Question 1

Consider the following statements in respect of the International Bank for Reconstruction and Development (IBRD) : It provides loans and guarantees to middle income countries. It works single-handedly to help developing countries to reduce poverty. It was established to help Europe rebuild after the World War II. Which of the statements given above are correct?

Accepted Answer

C. I and III only

Question 2

Which one of the following launched the 'Nature Solutions Finance Hub for Asia and the Pacific'?

Accepted Answer

A. The Asian Development Bank (ADB)

Question 3

Consider the following statements : Statement-I : Israel has established diplomatic relations with some Arab States. Statement-II : The 'Arab Peace Initiative' mediated by Saudi Arabia was signed by Israel and Arab League. Which one of the following is correct in respect of the above statements?

Accepted Answer

C. Statement-I is correct but Statement-II is incorrect

Question 4

"Rapid Financing Instrument" and "Rapid Credit Facility" are related to the provisions of lending by which one of the following ?

Accepted Answer

B. International Monetary Fund

Question 5

‘Gold Tranche’ (Reserve Tranche) refers to:

Accepted Answer

D. A credit system granted by IMF to its members

Question 6

India enacted The Geographical Indications of Goods (Registration and Protection) Act, 1999 in order to comply with the obligations to

Accepted Answer

D. WTO

Question 7

The term "two-state solution" is sometimes mentioned in the news in the context of the affairs of

Accepted Answer

B. Israel

Question 8

With reference to the 'Trans-Pacific Partnership', consider the following statements : It is an agreement among all the Pacific Rim countries except China and Russia. It is a strategic alliance for the purpose of maritime security only. Which of the statements given above is/are correct?

Accepted Answer

D. Neither 1 nor 2

Question 9

'BioCarbon Fund Initiative for Sustainable Forest Landscapes' is managed by the

Accepted Answer

D. World Bank

Question 10

The International Development Association, a lending agency, is administered by the:

Accepted Answer

A. International Bank for Reconstruction and Development

Question 11

As regards the use of international food safety standards as reference point for the dispute settlements, which one of the following does WTO collaborate with?

Accepted Answer

A. Codex Alimentarius Commission

Question 12

Israel has common borders with:

Accepted Answer

A. Lebanon, Syria, Jordan and Egypt

Question 13

The economic crisis in the later half of 1990s most seriously affected Indonesia, Thailand, Malaysia and South Korea. The cause of the crisis was:

Accepted Answer

A. Mismanagement of the financial resources and financial sector, in general

Question 14

The economist who was associated with the WTO draft document is:

Accepted Answer

A. A.K. Sen

Question 15

Consider the following statements:

Most international agencies which fund Development Programmes in India under intergovernmental bilateral agreements mainly provide:

Technical assistance
Soft loans which are required to be paid back with interest
Grants, not required to be paid back
Food assistance to be paid back

Accepted Answer

B. 1, 2 & 3 are correct